Forex Opinion & Analysis

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.87% against the CHF and closed at 0.9865. In the Asian session, at GMT0400, the pair is trading at 0.9881, with the USD trading 0.17%...

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.76% against the JPY and closed at 114.42. In the Asian session, at GMT0400, the pair is trading at 114.81, with the USD trading 0.35%...

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.42% against the USD and closed at 1.4444. In the Asian session, at GMT0400, the pair is trading at 1.4428, with the GBP trading...

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.57% against the USD and closed at 1.1170, after hints of further easing of monetary policy by the ECB President. Yesterday, the ECB...

USD/JPYVery slight bearish actions have been witnessed during the Asian session after approaching the psychological level of 115.00 as anticipated yesterday. More bullishness could be seen, as we do...

GBP/JPY Daily OutlookDaily Pivots: (S1) 164.46; (P) 165.10; (R1) 166.02; Intraday bias in GBP/JPY remains neutral for the moment for consolidations above 159.79 temporary low. Upside of recovery...

European Central Bank governor Draghi suggested on Feb 15th that market volatility in the past few weeks indicated a big challenge in Eurozone. Meanwhile, as market grows deteriorated, low interest...

European Central Bank governor Draghi suggested on Feb 15th that market volatility in the past few weeks indicated a big challenge in Eurozone. Meanwhile, as market grows deteriorated, low interest...

The past few days have seen the cable grappling with both sliding UK economic data as well as a resurgent US dollar. Subsequently, the pair is now challenging the bottom of the wedge pattern that has...

It was not so long ago that many traders were bemoaning a lack of market volatility. Given recent events, we can only assume the trading gods have been listening, duly delivering bucketfuls ever...

I’ve been observing the dollar index and comparing the more influential individual components to judge the larger outcome. There’s no hard and fast line in the sand that will trigger a...

The intense pressures placed upon China from the external economic sphere have had a significant slowing effect on recovery strategies implemented by Chinese policymakers in the form of yuan...

USD/JPY: The pair continued further higher on the back of its Friday strength on Monday. USD/JPY faces recovery threats towards key resistance. On the downside, support comes in at the 112.00 level...

Key Highlights · New Zealand Dollar was seen struggling against the US dollar around the 0.6670-80 resistance area. · There is a bullish trend line formed on the hourly chart, which may...